Italy mulls lifting solar cap in renewables decree

08 June 2012 by

REUTERS - Italy is considering changes to its new incentive scheme for renewable energy production including a hike to the cap it previously placed on solar power support as it seeks to head off criticism from the solar industry and the European Union, according to a document seen by Reuters.

Earlier this year the government announced a plan to scale back production incentives to the photovoltaic and other renewable energy sources to ease the burden on consumers, who pay for support with their power bills.